In the modern era of globalization, the demand for efficient, transparent, and cost-effective cross-border payment systems has grown exponentially. Traditional methods of transferring money across borders have proven insufficient, plagued by high fees, sluggish processing times, and significant
The landscape of business banking in the UK is undergoing a significant transformation, with mobile banking rapidly becoming the preferred channel for small and medium-sized enterprises (SMEs). As the backbone of the British economy, SMEs account for 60% of employment and half of all turnover in
Neo Financial, a Canadian fintech firm, has recently made headlines by raising CAD $360 million in their Series D funding round. This substantial financial boost, consisting of CAD $110 million in equity and CAD $250 million in debt, is set to accelerate the growth of Neo Financial’s diverse suite
Gate City Bank's decision to partner with Alkami Technology signals a significant step towards modernizing its digital banking services. The bank, which has been serving communities in North Dakota and central Minnesota since 1923, is aiming to enhance its online experience for both retail and
Zand Bank, a Dubai-based digital challenger, has entered a groundbreaking partnership with Alibaba Cloud and Ant Digital Technologies aimed at transforming the landscape of financial services in the UAE. Their collaboration is set to drive the adoption of cutting-edge generative AI, blockchain, and
Joey Rault, Chief Revenue Officer at Codat, and Jesse Schwarz, Executive Director – Fintech Partnerships at JP Morgan Chase, highlighted the latest trends in B2B payments at the Money20/20 USA 2024 conference. Emphasizing the importance of leveraging new technologies, they outlined how real-time
